SWIFT supplies messaging services and interface software to financial institutions including banks, broker-dealers and investment managers. Under the agreement, Cashflows has secured use of the IBAN CASH GB2L which is set to be used in all messaging.
Following the agreement, Cashflows is set to provide its customers with centralized reporting, account opening processes with initial contact made by SWIFT, access to interbank transfers, communication with banks via SWIFT Free Format messages and other.
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